PLEASE SAVE US....



FTFY


Maybe you are correct that some of the recently retired have miscalculated.. because changes have been happening pretty rapidly.. especially regarding some of the uncertainties of being able to earn enough on your investment portfolio in order to cover your cost of living.

You are still being presumptuous regarding whether everyone has underestimated his/her circumstances, especially if you are lumping bitcoiners into the same group of those who you are speculating to have had miscalculated their circumstances.


 I suppose if you have not adequately calculated your cushion, then maybe you are going to be uncomfortable to transition into retirement or some variation of fuck you status.  If you are still in a situation with decent employment options, then maybe you can put off your transition into fuck you status, but I would not presume that everyone is in the same place as you ...

For example if someone had been thinking that $1 million was entry-level fuck you status, and then realized that probably there is a need to get to $2 million in order to be at fuck you status, then maybe you are no longer feeling comfortable with your earlier target, and the fact that it changed to $2 million might want you to recalculate whether $2 million is even enough... and you may well consider that you have to get to $3 million or $4 million just to be at the place that you had previously considered $1 million to be.  Of course, I am not trying to suggest where your entry fuck you status might be, and I am merely using the transition from $1 million to $2 million as attempts at some kind of broad-scale application rather than getting into the particular circumstances of individuals... but at the same time there could be some concern about what point might be sufficient as an adjustment to the entry-level once getting into it...

Also don't get me wrong because in no sense do I suspect that there would be some need for the perfect to be the enemy of the good... because merely adjusting to double or three times of the fuck you entry level from prior to 2020 should be sufficient to put a person in a similar situation as he had been prior to 2020 with that level of cushion and for sure there should be some ability for any of us to have enough skills (especially if we are getting into fuck you status) to be able to figure out our ways to make our fuck you status sustainable once we enter it.. and not necessarily be in a position that our networth is shrinking merely because we are in fuck you status.. we do not necessarily have a situation in which we are depleting our funds at higher rates than it is growing.

Again, look at my projection of entry-level fuck you status.. and if you are considering around 100 BTC to currently be entry level fuck you status but you have close to 200 BTC then you should be good.... also if you are projecting that you will be able to get into entry level fuck you status with around 10 BTC in 4 years, but you have more than double that, then you are likely in a good position to get to fuck you status if you have fairly conservative ways of assessing your wealth levels and having some cushion and of course adjusting your data in order to account for actual facts as they play out before pulling the fuck you lever, in the event that you might be projecting that out for around 4 years, for example.


I watched it.. .. fair enough recent reiteration of his position.

Depends on the trade imo….. 1 time could maybe safe a thousand bad ones ….

Clearly not a trader myself

Lol - loved this - have a green Sunday all 



https://twitter.com/tradermayne/status/1485036984338841602?s=21

Bottom is in i guess.

The FUD about Ukraine is misleading as well, NATO has already "invaded" Ukraine long ago, the question is what Russia will do about it as NATO move closer to their borders and continues to provoke?


Agreed.

Well, I was going to retire on my holdings and I still could easily enough, but, that would mean I wouldn't be DCA anymore. If this is a bear market, I don't want to miss the opportunity to stack more sats. I'm still young enough so why not.